XML 36 R18.htm IDEA: XBRL DOCUMENT
v3.7.0.1

Intangible Assets (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2016
Goodwill and Intangible Assets Disclosure [Abstract] |
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block] | The acquisition price was allocated to the assets acquired and liabilities assumed based upon their estimated fair values and the information available to management. The following table summarizes the estimated fair values of the assets acquired and liabilities assumed as of the acquisition date.
Cash |  | $ | 362 |
Property and equipment |  |  | 7,820 |
Intangibles |  |  | 11,147,540 |
Total assets acquired |  | $ | 11,155,722 |
Liability assumed (HPI) |  |  | (3,874,000) |
Other liabilities assumed, including $469,939 of notes payable |  |  | (1,224,314) |
Net assets acquired/total consideration transferred |  | $ | 6,057,408 |
Schedule of Finite-Lived Intangible Assets [Table Text Block] | Intangible assets consisted of the following at December 31, 2016 and December 31, 2015:
|  | December 31, |  | December 31, |
|  | 2016 |  | 2015 |
Intangibles acquired from Moleculin, LLC |  | $ | 11,147,540 |  | $ | – |
Business Acquisition, Pro Forma Information [Table Text Block] | This information has been compiled from historical financial statements and is not necessarily indicative of the results that actually would have been achieved had the transaction already occurred or that may be achieved in the future.
|  | Pro Forma |  |  |
|  | For the Year |  | Pro Forma |
|  | Ended |  | For Year Ended |
|  | December |  | December |
|  | 31, |  | 31, |
|  | 2016 |  | 2015 |
Total operating expenses |  | $ | (3,979,316) |  |  | (688,101) |
Net loss |  | $ | (3,962,997) |  |  | (164,128) |
Net loss per common share – basic and diluted |  | $ | (0.42) |  |  | (0.04) |
Weighted average outstanding common shares – basic and diluted |  |  | 9,401,028 |  |  | 4,273,239 |

X
- Definition Tabular disclosure of pro forma results of operations for a material business acquisition or series of individually immaterial business acquisitions that are material in the aggregate. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (h)(2)-(3) -URI http://asc.fasb.org/extlink&oid=65885119&loc=d3e1392-128463 + Details
Name: | us-gaap_BusinessAcquisitionProFormaInformationTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_GoodwillAndIntangibleAssetsDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of assets, excluding financial assets and goodwill, lacking physical substance with a finite life, by either major class or business segment. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 2 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16323-109275 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16265-109275 + Details
Name: | us-gaap_ScheduleOfFiniteLivedIntangibleAssetsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the amounts recognized as of the acquisition date for each major class of assets acquired and liabilities assumed. May include but not limited to the following: (a) acquired receivables; (b) contingencies recognized at the acquisition date; and (c) the fair value of noncontrolling interests in the acquiree. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=73530397&loc=d3e4845-128472 + Details
Name: | us-gaap_ScheduleOfRecognizedIdentifiedAssetsAcquiredAndLiabilitiesAssumedTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration